Netflix(NASDAQ: NFLX) has gone through ups and downs in the stock market recently. However, there are still compelling reasons to invest in the company. Let’s discuss four reasons to buy Netflix and one reason to sell it so that you can make an informed investment decision and determine if it’s worth investing your money.
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1. Stabilizing Growth Rates
Although Netflix lost paid subscribers in the second quarter of 2022, it has recovered and maintained its revenue growth. The growth the company gained over the past year was sparked by the success of its original shows such as You, Outer Banks, and Ginny & Georgia, indicating the ability to expand without established franchises.
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